Author: Fred Kennedy
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Moroccan Startup Enakl Secures $1.4 Million pre-Seed Funding to Revolutionize Urban Mobility
Moroccan urban mobility startup Enakl has raised $1.4 million in pre-seed funding to advance its mission of offering safer, smarter, and sustainable collective transport solutions for daily commutes, both locally and internationally.
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SIFEM Commits $15 Million to Ninety One’s Africa Credit Opportunities Fund 3
Swiss development finance institution, SIFEM, has committed $15 million to the first close of Ninety One’s Africa Credit Opportunities Fund 3, which targets a total fundraising of $500 million.
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SPE Capital Partners Invests $35 Million in Morocco’s Dislog Group
SPE Capital Partners, through its AIF I Fund, has invested MAD 350 million (approximately $35 million) in Moroccan consumer goods company Dislog Group.
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Ghana’s Oyster Agribusiness Gets Funding From Sahel Capital to Boost Smallholder Farmer Market Access
Sahel Capital, the fund manager for the Social Enterprise Fund for Agriculture in Africa (SEFAA), has approved a term and working capital loan of approximately $610,000 to support Ghanaian-based Oyster Agribusiness.
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WTO Reappoints Nigeria’s Dr. Ngozi Okonjo-Iweala for Second Term as Director-General
The World Trade Organization (WTO) General Council has unanimously reappointed Dr. Ngozi Okonjo-Iweala for a second four-year term as Director-General.
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Isaac Nyangolo is Revolutionizing Education in Africa by Providing Accessible Learning Tools
Isaac Nyangolo is a visionary entrepreneur, technologist, and advocate for education reform in Africa.
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15 Startups, Organizations, and Individuals Feted at the African Leg of Global Startup Awards
Fifteen innovative startups, organizations, and individuals have emerged as winners in the African segment of the prestigious Global Startup Awards (GSA).
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Kenyan Startup Keep IT Cool Secures Funding for Pan-African Expansion
Kenyan startup Keep IT Cool, known for its innovative and sustainable refrigeration solutions, has received funding from global impact investor Acumen to support its ambitious expansion across Africa.
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Paratus Group Expands to Kenya to Bring Advanced Connectivity Solutions in Partnership with MoveOn Telecoms
Pan-African telecommunications leader, Paratus Group, has announced its expansion into Kenya through a joint venture with Nairobi-based IT and Internet Service Provider (ISP), MoveOn Telecoms Ltd.